#1Barclays 2023 Global Industrial Conference Beth Wozniak, Chief Executive Officer nvent#2Forward-Looking Statement and Key Definitions Caution Concerning Forward-Looking Statements This presentation contains statements that we believe to be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact are forward-looking statements. Without limitation, any statements preceded or followed by or that include the words "targets," "plans," "believes," "expects," "intends," "will," "likely," "may," "anticipates," "estimates," "projects," "forecasts," "should," "would," "positioned," "strategy," "future," "are confident," or words, phrases or terms of similar substance or the negative thereof, are forward-looking statements. All projections in this presentation are also forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, assumptions and other factors, some of which are beyond our control, which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Among these factors are the adverse effects on our business operations or financial results, including due to the overall global economic and business conditions impacting our business; the ability to achieve the benefits of our restructuring plans; the ability to successfully identify, finance, complete and integrate acquisitions; competition and pricing pressures in the markets we serve, including the impacts of tariffs; volatility in currency exchange rates, interest rates and commodity prices; inability to generate savings from excellence in operations initiatives consisting of lean enterprise, supply management and cash flow practices; inability to mitigate material and other cost inflation; risks related to the availability of, and cost inflation in, supply chain inputs, including labor, raw materials, commodities, packaging and transportation; increased risks associated with operating foreign businesses, including risks associated with the conflict between Russia and Ukraine and related sanctions; the ability to deliver backlog and win future project work; failure of markets to accept new product introductions and enhancements; the impact of changes in laws and regulations, including those that limit U.S. tax benefits; the impact of the novel coronavirus 2019 ("COVID-19") pandemic; the outcome of litigation and governmental proceedings; and the ability to achieve our long-term strategic operating goals. Additional information concerning these and other factors is contained in our filings with the Securities and Exchange Commission, including nVent's Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q. All forward-looking statements speak only as of the date of this presentation. nVent Electric plc assumes no obligation, and disclaims any obligation, to update the information contained in this presentation. Key Definitions and Notes Except as otherwise noted all references to 2022 and 2021 represent our results for the period indicated, presented on an adjusted basis. "Organic Sales" refers to GAAP revenue excluding (1) the impact of currency translation and (2) the impact of revenue from acquired businesses recorded prior to the first anniversary of the acquisition less the amount of sales attributable to divested product lines not considered discontinued operations. "Segment Income" represents Operating Income exclusive of non- cash intangible amortization, certain acquisition related costs, costs of restructuring activities, impairments and other unusual non-operating items. Return on Sales ("ROS") equals Segment Income divided by Sales. Barclays 2023 Global Industrial Conference 2 nvent#3nVent Overview Company Characteristics Leader in Connection and Protection Industry leading positions and strong brands ▪ Well positioned with strong secular trends around the electrification of everything Attractive margin profile Segments 21% Thermal Management 27% Electrical and Fastening Solutions Barclays 2023 Global Industrial Conference 52% Enclosures Full-year 2022 Financials $2.9B 18.0% Net Sales ROS 18% Verticals 25% 5% Energy Infrastructure 28% Commercial & Residential 30bps 42% Industrial $2.40 Adj. EPS ↑ 22% Geographies 10% Developing 20% Developed Europe High performance electrical company focused on Connection and Protection $351M Free Cash Flow ↑ 5% 2% Other Developed 69% U.S. and Canada nvent#4Our Strategy STRATEGIC DRIVERS Grow Transform Barclays 2023 Global Industrial Conference One nVent High Growth Verticals Digital Acceleration New Products & Innovation 4 Acquisitions and Partnerships Working Capital Executing on our strategy to drive performance and value Global Growth Productivity and Velocity nvent#5Building a More Sustainable and Electrified World # We're building a more sustainable and electrified world Macro Trends Electrification of Everything Importance of Sustainability Infrastructure Investments 50% Total Energy consumption in Industry and Buildings by 2050* - $800B EU Recovery Plan and "Next Generation" stimulus -$900B US Infrastructure Bill and Inflation Reduction Act investment P Barclays 2023 Global Industrial Conference Note: PUE - Power, Usage, Efficiency ● ● ● Sources: * U.S. Energy Information Administration Based on nVent internal estimates Strong Value Propositions Energy efficiency Resiliency and protection Time savings and labor savings Safety Product lifespan and serviceability Liquid Cooling -30% greater PUE than typical air-cooled installations Electrical Connections 5 faster installation 50% 20% reduction in total installed cost** Investing in Sustainability and Electrification New Product Sustainability By 2025, >90% of New Product Introductions expected to use eco-friendly materials, designed with lower environmental impact, and/or improve end-user safety and experience Sustainability and electrification are core to our business strategy Acquisitions -$300M ad added in annual revenue CISGLOBAL Vynckier ENCLOSURE SYSTEMS INC. ELDON WBT nvent#6Summary ▪ 2022 was another outstanding year for nVent Expect strong sales growth and margin expansion in 2023 ▪ Well positioned with electrification, sustainability and digitalization trends Barclays 2023 Global Industrial Conference Our future is bright 11774 nvent#7Appendix and GAAP to Non-GAAP Measurements & Reconciliations nvent 7 442 222#8Reported to Adjusted 2022 Reconciliation In millions, except per-share data Net sales Net income Provision for income taxes Income before income taxes Other expense (income) Net interest expense Operating income % of net sales Adjustments: Restructuring and other Acquisition transaction and integration costs Intangible amortization Segment income nVent Electric plc Reconciliation of GAAP to non-GAAP financial measures for the year ending December 31, 2022 excluding the effect of adjustments (Unaudited) Retum on sales Segment income Depreciation EBITDA as adjusted Net income as reported Adjustments to operating income Pension and other post-retirement mark-to-market gain Income tax adjustments Net income - as adjusted Diluted earnings per ordinary share Diluted earnings per ordinary share - as reported Adjustments Diluted earnings per ordinary share - as adjusted Barclays 2023 Global Industrial Conference $ First Quarter Second Quarter Third Quarter Fourth Quarter 741.6 158.7 $ 23.7 182.4 (65.7) 69 69 $ 69 $ S 694.7 $ 67.8 14.5 82.3 0.6 7.2 90.1 13.0% 2.0 S 0.3 17.8 110.2 $ 15.9% 110.2 10.7 120.9 S 67.8 20.1 (3.4) 84.5 0.40 0.10 0.50 8 69 $ 69 69 727.5 79.9 16.1 96.0 1.2 7.5 104.7 14.4% 2.3 $ 0.5 17.7 125.2 17.2% 125.2 $ 10.9 136.1 $ 79.9 S 20.5 (4.3) 96.1 $ 0.48 S 0.09 0.57 $ 745.2 93.4 18.5 111.9 0.5 8.1 120.5 16.2% 5.9 S 17.6 144.0 $ 19.3% 144.0 11.2 155.2 93.4 23.5 (5.2) 111.7 $ S $ $ 0.55 $ 0.11 0.66 $ 125.1 16.9% 1.5 $ 17.6 144.2 19.4% $ 69 0.94 (0.28) 0.66 144.2 10.6 154.8 S $ 158.7 $ 19.1 (66.3) 0.1 111.6 $ $ $ Full Year 2,909.0 399.8 72.8 472.6 (63.4) 31.2 440.4 15.1% 11.7 0.8 70.7 523.6 18.0% 523.6 43.4 567.0 399.8 83.2 (66.3) (12.8) 403.9 2.38 0.02 2.40 nvent#9Reported to Adjusted 2021 Reconciliation In millions, except per-share data Net sales Net income Provision for income taxes Income before income taxes Other expense (income) Loss on early extinguishment of debt Net interest expense Operating income % of net sales Adjustments: Restructuring and other Acquisition transaction and integration costs Intangible amortization Segment income nVent Electric plc Reconciliation of GAAP to non-GAAP financial measures for the year ended December 31, 2021 excluding the effect of adjustments (Unaudited) Return on sales Segment income Depreciation EBITDA as adjusted Net income as reported Adjustments to operating income Pension and other post-retirement mark-to-market gain Loss on early extinguishment of debt Income tax adjustments Net income as adjusted Diluted earnings per ordinary share Diluted earnings per ordinary share - as reported Adjustments Diluted earnings per ordinary share - as adjusted Barclays 2023 Global Industrial Conference $ First Quarter 548.9 65.4 6.3 71.7 0.6 69 69 69 69 $ $ $ $ 8.1 80.4 14.6% 15.9 97.1 17.7% 0.8 $ 65.4 16.7 97.1 $ 9.7 106.8 (8.7) 73.4 Second Quarter Third Quarter $ 601.3 $ 642.8 74.3 14.6 66.2 13.4 79.6 88.9 0.6 0.6 0.39 0.04 0.43 9 69 69 $ $ 69 69 69 8.1 88.3 14.7% 4.3 $ 1.6 16.0 110.2 18.3% 110.2 S 10.3 120.5 66.2 21.9 (3.8) 84.3 69 0.39 0.11 0.50 69 69 $ 69 69 69 $ 8.2 97.7 15.2% 1.9 S 0.8 17.8 118.2 18.4% 118.2 10.0 128.2 74.3 20.5 (4.0) 90.8 Fourth Quarter $ 669.0 67.0 13.5 80.5 (14.6) 15.2 7.9 89.0 13.3% 0.44 0.09 0.53 69 69 69 69 69 69 69 69 1.8 $ 1.7 17.8 110.3 16.5% $ 69 0.39 0.11 0.50 110.3 10.9 121.2 S 69 67.0 21.3 (15.1) 15.2 (3.8) 84.6 $ 69 69 69 69 Full Year 2,462.0 272.9 47.8 320.7 (12.8) 15.2 32.3 355.4 14.4% +00 8.8 4.1 67.5 435.8 17.7% 435.8 40.9 476.7 272.9 80.4 (15.1) 15.2 (20.4) 333.0 1.61 0.35 1.96 nvent